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Home » Topics » Cold Foods Industry News

Cold Foods Industry News
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Malta raises $26M in Series A funding to build scalable storage solution

The Malta energy storage system stores energy in the form of a thermal differential between hot and cold storage media.
December 21, 2018
Malta Inc, Boston, Mass., raised $26 million in a Series A round of funding led by Breakthrough Energy Ventures (BEV), Menlo Park, Calif.
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Lamb Weston acquires Marvel Packers

The Marvel facility adds approximately 50 million pounds of production capacity to Lamb Weston’s existing global manufacturing network.
December 21, 2018
Lamb Weston Holdings, Inc., Eagle, Idaho, acquired Marvel Packers Pty Ltd., a frozen potato processor in Australia.
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Butterball president steps down, Kroger CFO to retire, Sara Lee Frozen Bakery & Dunkin’ Brands bolster management teams

December 21, 2018
Check out this week's personnel changes.
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Study: Eating away-from-home sales growth will outpace at-home sales in 2019

The Food Institute predicts 5.1% growth for eating and drinking places in the coming year and 2.8% growth for food and beverage stores.
December 20, 2018
The Food Institute, Upper Saddle River, N.J., forecasts eating away-from-home sales growth will outpace at-home sales in 2019, according to its webinar "An Honest Look at 2019 Food Industry Trends.”
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Registered dieticians: Keto diet, fermented foods, non-dairy milk, plant proteins pegged hottest trends in 2019

While fermented foods hold steady as the No. 1 superfood for 2018 and 2019, some surprising newcomers have made the list, including beets, blueberries and non-dairy milks.
December 20, 2018
The ketogenic (keto) diet, fermented foods, non-dairy milks and plant proteins are some of the hottest food and nutrition trends to look for in 2019, according to dietitians surveyed in the 7th annual "What's Trending in Nutrition" survey.
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default online grocery app

Study: U.S. online grocery sales to grow 15% in 2019

Providers that offer delivery and pickup are expected to grow their online sales between 25% and 30%, respectively.
December 20, 2018
Online U.S. consumer spending for groceries is forecasted to grow 15% vs. the prior year, increasing the overall share captured by online in 2019 to 6.3%, according to Brick Meets Click, Barrington, Ill.
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Xebec Logistics Hub

Xebec to build 60-acre logistics facility

When completed, it will feature 36-foot clear height and 185-foot truck courts with 121 docks, 426 automobile parking spaces and 107 container parking spaces.
December 19, 2018
Xebec Holdings, Dallas, Texas, and Dekel Capital, Los Angeles, arranged $34.3 million in construction financing for a speculative 537,000-square-foot, Class-A logistics facility in Lakeland, Fla.
Read More
Unilever The Vegetarian Butcher meatballs

Unilever acquires The Vegetarian Butcher

Unilever and The Vegetarian Butcher started working together in 2016 when they jointly launched the Vegetarian Meatballs in Satay Sauce and Vegetarian Meatballs in Tomato Sauce.
December 19, 2018
Unilever, Englewood Cliffs, N.J., announced plans to acquire The Vegetarian Butcher, The Netherlands, to expand its portfolio into plant-based foods.
Read More

Hibiscus named flavor of the year for 2019

Hibiscus boasts numerous health benefits and medicinal remedies.
December 19, 2018
Firmenich, Switzerland, named hibiscus as the flavor of the year for 2019 based on the growing appeal of florals in food and beverages.
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Study: Shades of sunshine set to drive food color innovation in 2019

In 2019, consumers will prefer food and drink that can arouse a sense of freshness and light.
December 19, 2018
The sunshine spectrum – bright yellow through to deep orange – will stimulate colorful food and beverage development in 2019, as consumers seek out products that inspire upbeat, positive emotions and unite people with a feeling of joy, according to GNT USA, Tarrytown, N.Y.
Read More
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